Leased Mixed-Use
For Sale
Contact for pricing
Pending
114 Broadway, Malverne, NY 11565
Established mixed-use property with full occupancy, recent building-system upgrades, and leases extending across multiple years.
Property Size4,456 SF
Lot Size0.14 Acres
Days on Market378
Property Features for 114 Broadway
General Information
Standard status
Pending
Size
4,456 SF
Lot size
0.14 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Value Add
Additional Details
Cap Rate
6%
Building Details
Year Built
1957
Year Renovated
2024
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Stonegate Real Estate
Listed By:
Robert Heicklen · License #NY10491208654
Source:
Crexi
Added: Aug 18, 2025
Changed: Aug 30
Last Checked: Aug 30 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stonegate Real Estate
Investment Insights
Based on property information with market context.
The 4,456-square-foot mixed-use building at 114 Broadway was constructed in 1957 and occupies a 6,165-square-foot lot. All units are leased, producing 100% occupancy, with multi-year lease terms in place. Lease provisions include annual rent increases ranging from 3% to 5% and tax pass-throughs tied to leased square footage.
Capital improvements include a new HVAC system and roof, both installed 3 years ago. The property carries a 6% cap rate and is supported by tenant obligations that include payment of tax increases. Financials and a rent roll are available upon request.
Capital improvements include a new HVAC system and roof, both installed 3 years ago. The property carries a 6% cap rate and is supported by tenant obligations that include payment of tax increases. Financials and a rent roll are available upon request.
Key Highlights
- 4,456 SF mixed‑use building on a 6,165 SF lot
- 100% occupied with all units leased
- Multi‑year leases include 3–5% annual rent escalations
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Dining 9%
7-Eleven
Shops & Services
11,659 visits/mo
0.5 miles
Chase Bank
Shops & Services
5,576 visits/mo
0.4 miles
Webster Bank
Shops & Services
1,956 visits/mo
0.3 miles
Villagio
Dining
1,380 visits/mo
0.3 miles
Angelo's Pizza
Dining
468 visits/mo
0.3 miles
Demographics for 11565, NY
8,845
Population
3,466
Households
2.6
Avg Household Size
47
Median Age
56%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
8,041
Density / Sq Mi
$145,290
Median Household Income
$72,548
Median Earnings
$1,861
Median Rent
$628,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Established mixed-use property with full occupancy, recent building-system upgrades, and leases extending across multiple years.
Where is this mixed-use property located?
The property is located at 114 Broadway Malverne, NY.
What are key features of this property?
This property features: 4,456 SF mixed‑use building on a 6,165 SF lot; 100% occupied with all units leased; Multi‑year leases include 3–5% annual rent escalations
